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NBT Bank's Hallak-Serwatka Named Lender of the Year

UTICA, NY (August 11, 2016) – NBT Bank Regional President John Buffa announced that Senior Commercial Banking Relationship Manager Mary Ann Hallak-Serwatka has been named the 2016 Lender of the Year by the New York Business Development...

Salty Road - New York, NY

Monday, July 11, 2016
Salty Road - New York, NY

Back in 2011, Marisa Wu, owner of Salty Road, an artisanal salty water taffy manufacturer, decided it was time to move her business to a factory of its own. Through NYBDC's Industrial Neighborhood Business Fund (previously the Food Manufacturers'...

Kevin O'Leary Promoted to SVP and New York Metro Team Leader

Kevin O’Leary was promoted to senior vice president and New York Metro team leader from vice president at the New York Business Development Corporation (NYBDC).  In this position, he is responsible for managing a team of lenders and all of...

EGF Signs Small Business Bill of Rights

Excelsior Growth Fund (EGF) has signed the Small Business Borrower’s Bill of Rights as a sign of its strong commitment to responsible, ethical, and transparent lending practices.

Expansion of Buffalo Building Reuse Project Loan Fund Boosts Potential for Redevelopment Opportunities in Downtown Buffalo

The Buffalo Niagara Partnership and the City of Buffalo announced today that a loan fund created through the Buffalo Building Reuse Project (BBRP) has significantly increased its capacity to spur redevelopment projects in downtown Buffalo.

Mangino Buick - Ballston Spa, NY

Tuesday, October 6, 2015
Mangino Buick - Ballston Spa, NY

When traditional financing was not an option, a loan through NYBDC affiliate, The 504 Company, provided the funds for Mangino Buick to build a state-of-the-art dealership that helped grow their business and create new jobs.

Excelsior Growth Fund Launches Online Lending Platform

Excelsior Growth Fund, a not-for-profit CDFI and NYBDC affiliate, launched an online lending platform to provide affordable capital to small business through a simple online portal. Launches a Business Education Program

Etsy recently announced the creation of The Regenerative Entrepreneur NYC Program Pilot, a business education program for entrepreneurs.

Nexdoorganics - Brooklyn, NY

Monday, June 22, 2015
Nexdoorganics - Brooklyn, NY

Brooklyn-based, Nextdoorganics, was able to expand and accelerate growth through a Community Advantage loan.

Spring 2015 Update

Monday, June 1, 2015
Spring 2015 Update

NYBDC CEO, Pat MacKrell, discusses successes in 2014 and goals for 2015.

NYBDC Affiliate, The 504 Company, named 2015 Community Advantage Lender of the Year by U.S. Small Business Administration

The 504 Company has been selected by the SBA as the 2015 Community Advantage Lender of the Year. The award will be presented at a ceremony and reception at the White House, on Friday, May 8, during National Small Business Week.

Event: The Grow Conference for Entrepreneurs

Are you a small business owner in Westchester? Attend the Grow Conference on May 1, 2015 to access valuable resources for your business. Click to learn more.

Hi-Lite Airfield Services - Watertown, NY

Hi-Lite Airfield Services, which began as a highway and airport-striping business 25 years ago, has developed into an industry-leading airfield contractor. Find out how the business accessed capital to grow and expand.

Cape Race - Brooklyn, NY

Tuesday, March 17, 2015
Cape Race - Brooklyn, NY

The Capital Access loan program helped ship owner, Milos Simovic, access the funding needed to renovate his 125-foot fishing trawler into an expedition and research yacht.

Upcoming Event: Learn about Community Lending at the Yonkers Brewing Company

Join Community Capital New York, Key Bank and NYBDC to learn how community lending helped Yonkers Brewing Company start and grow.

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